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0 0 0.439024390243903 0.0365853658536586 -0.235975609756098 -0.295609756097561 -0.317073170731707 -0.365853658536585
Stock impact report

CareMax Enters Into Agreement to Sell Core Centers’ Assets

CareMax, Inc. - Class A (CMAX) 
Company Research Source: Business Wire
ClareMedica Health Partners to become “Stalking Horse” Bidder to Acquire CareMax’s Core Centers’ Assets MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced that it has entered into a “stalking horse” purchase agreement with ClareMedica Health Partners (“ClareMedica”), a leader in value-based primary care serving patients in Florida, pursuant to which ClareMedica will acquire CareMax’s core centers’ assets including a vast majority of CareMax’s operating clinics (the “Core Centers’ Assets”).The transaction will be implemented pursuant to a previously announced prearranged chapter 11 plan supported and funded by 100 percent of CareMax’s current secured lenders (the “Prearranged Plan”). The sale of the Core Centers’ Assets is anticipated to be consummated simultaneously with CareMax’s Prearranged Plan.CareMax has obtained Court approval to maintain business-as-usual ope Show less Read more
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